Circular Economy - Circular Cities

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Circular Economy - Circular Cities The chapter “Measuring the circular economy in cities and regions’ offers an analysis of information collected on measurement frameworks for the circular economy from the OECD Inventory of Circular Economy Indicators. The chapter shows the scope and scales of the measurement framework of circular economy and the challenges of measurement that are involved (OECD, 2020). It also shares several selected indicators that can be used to implement circular economy strategies to achieve sustainable use of resources in the economy. Measuring the progress and impacts of a circular economy is done to attain four main objectives of raising awareness, making the case for the circular economy; eliciting actions; monitoring performance, and assessing outcomes. Awareness of obstacles that impact the implementation of circular economy is necessary to raise awareness about sustainable production and consumption (OECD, 2020). Concerning making the case for a circular economy, the chapter focuses on laying bare the benefits of this economic model. Job creation, cutting down pollution, and promoting sustainable development are some of the key benefits of a circular economy that the world ought to know (OECD, 2020).

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